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Stock impact report

Avista joins PGE, Grid United and ALLETE in 3,000 megawatt east-west transmission line [Yahoo! Finance]

Avista Corporation (AVA) 
Last avista corporation earnings: 2/26 07:05 am Check Earnings Report
Company Research Source: Yahoo! Finance
SPOKANE, Wash., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Avista Corporation (NYSE: AVA) today signed a nonbinding memorandum of understanding with North Plains Connector LLC, a wholly owned entity of Grid United, in the development of the North Plains Connector, an approximately 420-mile high-voltage direct-current (HVDC) transmission line to be constructed with endpoints near Bismarck, North Dakota and Colstrip, Montana. The parties will now work to finalize definitive agreements regarding Avista's participation, which is expected to involve a 10% ownership share of the project. Under the terms of the memorandum of understanding, North Plains Connector LLC will continue to fund the development of North Plains Connector. Avista would invest when the project is operational. Proposed route of the North Plains Connector transmission line https://www.globenewswire.com/NewsRoom/AttachmentNg/00d4532d-72ed-4b37-a1a0-b90b4df1928c This year has marked significant progress for North Plains Co Show less Read more
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